🔥Jok Burn
Last updated
Last updated
Commitment to Token Deflation
Our Philosophy
We firmly believe in making our token increasingly scarce through a deflationary approach. This strategy is essential to enhance the token's rarity and value over time.
Regular Token Burns
To achieve this objective, we have planned regular token burns, which are integral to our deflation strategy.
Sources of Token Burns
The majority of our income that is not distributed through the application goes directly into a wallet to buy $JOK and burn them regularly.
Market Impact and Supply Reduction
All the JOK tokens designated for burning are purchased directly from the market. This approach not only increases market demand but also, through regular burning, effectively reduces the circulating supply of the token.
